SEC Approves ProShares XRP Futures ETF Launch Date, But Faces Delay

🎢 XRP ETF's Wild Ride

By CELUVPLAY
May 8, 2025, 3:11 PM
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The SEC initially approved ProShares Trust's XRP futures ETF for an April 30 launch, marking a significant development in the cryptocurrency investment space.​ However, Bloomberg analyst James Seyffart later confirmed the launch would face delays despite receiving filing clearance.​

Key points:

  • ProShares Trust received SEC approval for XRP futures ETF
  • Original launch date was set for April 30
  • Launch currently delayed with no new date announced
  • XRP price showed 1.​9% increase following initial announcement

This development represents ongoing evolution in crypto-based investment products, though implementation timeline remains uncertain.​

Sources
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